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Fully Leased 7-unit Building For Sale In London
Listing Details
Subtype: Multiplex
Year built: 2015
Units: 7
Description
CALLING ALL INVESTORS! This is your chance to add this fully leased, 7-unit building to your portfolio with a CAP RATE of 6.5%. Pro-forma available upon request. Excellent location with proximity to Fanshawe College and the downtown core. The entire property was renovated and updated in 2015 with City permits and ESA certifications. Those updates include; vinyl/steel siding, roof,windows, doors, plumbing, electrical, flooring, washrooms, kitchens, breakers, stairs, fire resistant drywall,insulation, basement steel beams, hot water tanks, and the list goes on. Units are individually temperature controlled, separately metered and individual breaker systems.Extra projected income from the coin-operated laundry & space in the basement. All 4 water heater tanks are owned.
Location & nearby
This listing is located in London, ON N5W 1J1
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